FOSA vs BOSA loans Sacco guide
In SACCOs, two primary loan services help members meet their financial needs: Front Office Services Activity (FOSA) and Back Office Services Activity (BOSA). Each service is designed with a unique purpose, catering to different borrowing needs within the SACCO. While BOSA focuses on long-term loans tied to a member’s savings, FOSA offers more flexible, short-term […]
